Srinibas Pradhan Constructions IPO Details
The Srinibas Pradhan Constructions IPO is a fixed price issue with a total issue size of ₹20 cr, comprising of fresh issue of 1609200 equity shares., and a offer for sale of 360000 equity shares. Srinibas Pradhan Constructions IPO opened for subscription on Mar 06, 2026 and closed on Mar 10, 2026. Srinibas Pradhan Constructions IPO is set price band at ₹91 to ₹98 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹235,200.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Mar 11, 2026, and listed on the NSE on Mar 13, 2026.
Maashitla Securities Pvt. Limited has been appointed as the registrar. NOVUS CAPITAL ADVISORS PRIVATE LIMITED are the Book Running Lead Manager for the issue.
Before investing in the Srinibas Pradhan Constructions IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 91 – 98
- Lot Size
- 1200
- Issue Size
- ₹20 Cr
- Minimum Investment
- ₹235200 (2400 Shares)
- Listing Date
- 13 March 2026
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Srinibas Pradhan Constructions Limited
Incorporated in 2020, Srinibas Pradhan Constructions Limited (SPCL) operates in the infrastructure and utilities sector, delivering engineering and construction solutions across multiple segments. The company undertakes projects primarily in the state of Odisha, serving state government departments, central and state public sector undertakings, and private sector clients through competitive bidding processes.
Core Business Segments
1. Roads and Highways
SPCL specializes in the construction and development of rural roads, major district roads, and urban road networks. The company utilizes quality construction materials such as aggregates, sand, tar, and cement to ensure durability, safety, and long-term performance of road infrastructure.
2. Bridges and Steel Structures
The company executes high-level bridges and undertakes fabrication and erection of steel structures for bridges and industrial sheds. Its capabilities include structural engineering and project execution tailored to transportation and industrial infrastructure requirements.
3. Civil Construction
SPCL provides comprehensive civil construction services, including:
- Foundation and substructure work
- Superstructure development
- Multi-storied buildings
- Factories and industrial facilities
These services cater to both public infrastructure projects and private industrial development initiatives.
Project Portfolio
The company’s diversified project portfolio includes:
- Roads and highways
- Bridges
- Irrigation and canal works
- General civil construction
- Industrial infrastructure development
Order Book Position
As of February 15, 2026, SPCL reported a consolidated order book of ₹18,406.95 lakhs, reflecting a healthy pipeline of ongoing and upcoming projects and providing revenue visibility for the near to medium term.
Srinibas Pradhan Constructions IPO Promoters
- Mr. Ramakanta Pradhan
- Mr. Srinibas Pradhan
Promoters Holding
Holding Pre Issue
85.27%
Holding Post Issue
0.00%
Srinibas Pradhan Constructions IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding the working capital requirements of our Company
- Repayment/prepayment, in full or part, of certain loans availed by our Company
- General Corporate Purpose
Address / Contact Info
Srinibas Pradhan Constructions Ltd. Address
C/O- Srinibas Pradhan, Near Chuakani Po-Lamtibaha,
Jharsuguda, Jharsuguda,
Jharsuguda, Odisha, 768216
Email:cs@srinibaspradhan.com
Tel No:+91 6645 251105
Website:http://www.srinibaspradhan.com/
IPO Snapshot
Srinibas Pradhan Constructions IPO Registrar
Maashitla Securities Pvt. Limited
Check Allotment StatusBook Running Lead Managers
- NOVUS CAPITAL ADVISORS PRIVATE LIMITED
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Srinibas Pradhan Constructions IPO is a with a total issue size of ₹20 crore. The Srinibas Pradhan Constructions IPO price band is ₹91 to 98 per share. The Srinibas Pradhan Constructions IPO subscription opens on Fri, Mar 6, 2026, and closes on Tue, Mar 10, 2026. The Srinibas Pradhan Constructions IPO will be listed on the NSE. Maashitla Securities Pvt. Limited is the registrar for the Srinibas Pradhan Constructions IPO.
The Srinibas Pradhan Constructions IPO opens on Fri, Mar 6, 2026 and closes on Tue, Mar 10, 2026
Srinibas Pradhan Constructions IPO Price Band is ₹91 to 98 per share.
Srinibas Pradhan Constructions IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹235200 based on the upper price band
The minimum investment for Srinibas Pradhan Constructions IPO is ₹235200, based on one lot of 1200 shares at the upper price band of ₹98 per share.
Investors can apply for the Srinibas Pradhan Constructions IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Mar 10, 2026. The application amount remains blocked until the Srinibas Pradhan Constructions IPO allotment is finalized.
Srinibas Pradhan Constructions IPO issue size is ₹20 crores.
Srinibas Pradhan Constructions IPO allotment date is Wed, Jul 1, 2026.
The registrar for Srinibas Pradhan Constructions IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Srinibas Pradhan Constructions IPO allotment status, refund processing, and other IPO-related information.